6min chapter

Animal Spirits Podcast cover image

Talk Your Book: Talking Bonds at the New York Stock Exchange

Animal Spirits Podcast

CHAPTER

Securitized Credit and Mortgage Market

The speakers explore the concept of securitized credit and its components including government guaranteed securities, auto receivables, credit card receivables, and real estate. They also discuss the factors influencing interest rates and the spread between mortgages and treasuries, and highlight the challenges faced by the absence of large buyers in the mortgage-backed securities market.

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